Commodity benchmarks could be subject to tighter FCA rules

Commodity benchmarks, such as those used for gold and oil, could be subject to tougher regulation in the wake of the Libor scandal. According to a report in the Financial Times key resource barometers could fall under the eye of the regulator.
At a conference in Rome FCA technical specialist Don Groves admitted he would not be surprised if the UK Government did take some form of action………………………………………..Full Article: Source